The Louvre transferred part of its jewellery collection to the Bank of France vaults after last week’s shocking theft. French radio network RTL reported that the transfer occurred discreetly on Friday under police escort. Officials said the move aimed to prevent further loss following the high-profile robbery that outraged the public.
The transferred collection reportedly included the “Crown Jewels” from the Apollo Gallery and other valuable pieces from across the museum. The Bank of France vault, located 27 metres below its headquarters in central Paris, already holds 90% of the country’s gold reserves.
Thieves Execute Six-Minute Robbery in Broad Daylight
Investigators said several thieves broke into the Louvre in broad daylight, carrying out one of Europe’s most audacious art heists in recent years. The criminals used a basket lift to reach a balcony leading to the Apollo Gallery, forced open a window, smashed display cases, and stole the jewels.
They fled on two-wheelers after a robbery that lasted only six to seven minutes. Authorities estimate the stolen jewels are worth €88 million, excluding their immense historical and cultural value. The heist shocked France, with many lawmakers calling it a “national humiliation.”
Security Failures and Rising Museum Heists Across Europe
The theft reignited debate over museum security in France. Louvre officials had previously warned of inadequate funding for safety systems and staff training. The government now faces pressure to strengthen protections for national treasures.
Experts note that museum thefts have surged across Europe in recent years. In France alone, thieves have targeted at least four museums in the past few months. Officials fear this latest incident could embolden more criminal groups to strike major cultural institutions.
Authorities continue investigating the robbery while Paris police track leads on the professional gang believed to be behind the theft.
